Zano (ZANO), the privacy-focused cryptocurrency, has shown impressive strength after breaking out of a bullish pennant formation. This technical pattern often signals continuation of upward momentum, and Zano’s price action is already reflecting that strength. The token recently pushed close to its all-time highs, demonstrating strong market interest and investor confidence.
Price Targets Point Higher
Based on measured movement from the breakout, analysts expect at least a +53% upside, which would place Zano near the $23 mark. This level would not only secure fresh all-time highs but also confirm Zano’s position as one of the standout performers in the current market cycle. For traders, the breakout provides a clear technical roadmap, suggesting that the rally may still have significant room to run.
Pullback Seen as Opportunity
While Zano has experienced a slight pullback, market sentiment indicates this may be nothing more than a healthy pause before the next wave upward. In technical terms, minor retracements often strengthen the overall trend by building stronger support levels. For long-term holders, this dip may represent an attractive entry point before the next potential surge.
